Mount Vernon Bank

Statement period is quarterly
Balance required to avoid service charge is fifty dollars ($50.00)
Minimum opening deposit- $50.00
Monthly service charge- $2.00
Annual percentage yield (apy) - see rate sheet
Interest rate - see rate sheet
An excess withdrawal fee of $1.00 will be charged for each debit transaction in excess of two per month.
Balance required to obtain apy as listed is fifty dollars ($50.00)
Interest is computed on a collected daily balance this method applies a periodic rate to the collected daily balance in the account for the period. the collected daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Interest will compound quarterly
Interest will be credited quarterly

Interest will not be paid if your balance falls below fifty dollars ($50.00).
Accrual of interest on noncash deposits: interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
If you close your account before interest is credited, you will not receive the accrued interest.
Your interest rate and annual percentage yield may change, at our discretion, at anytime.







	Statement Savings Account

	Statement period is quarterly Balance required to avoid service charge is fifty dollars ($50.00) Minimum opening deposit- $50.00 Monthly service charge- $2.00 Annual percentage yield (apy) - see rate sheet Interest rate - see rate sheet An excess withdrawal fee of $1.00 will be charged for each debit transaction in excess of two per month. Balance required to obtain apy as listed is fifty dollars ($50.00) Interest is computed on a collected daily balance this method applies a periodic rate to the collected daily balance in the account for the period. the collected daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Interest will compound quarterly Interest will be credited quarterly Interest will not be paid if your balance falls below fifty dollars ($50.00). Accrual of interest on noncash deposits: interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). If you close your account before interest is credited, you will not receive the accrued interest. Your interest rate and annual percentage yield may change, at our discretion, at anytime.